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10/1/08 - ASSOCIATION OF MILITARY BANKS OF AMERICA ELECTS OFFICERS AND DIRECTORS
AT ITS ANNUAL MEETING IN TUCSON, ARIZONA
Contact: Andrew M. Egeland, Jr.
President/CEO
(540) 347-3305 FAX (540) 347-5995
Andrew.Egeland@AMBAHQ.org
PR#10-01-2008 FOR IMMEDIATE RELEASE
Andrew M. Egeland, Jr., President and CEO of the Association of Military Banks of America (AMBA), announced the election of new
officers and directors of the association. The incoming Chairman is Larry T. Wilson, Chairman, President and CEO of First Arkansas
Bank & Trust, Jacksonville, Arkansas; Chairman-Elect is John M. Mitchell, Senior Vice President, Columbus Bank & Trust, Columbus,
Georgia; Vice Chairman is Vince E. Barfield, Senior Vice President, Bank of Hawaii, Honolulu, Hawaii; and Immediate Past Chairman is
Robert H. Croak, President and CEO, First National Bank of Midwest City, Midwest City, Oklahoma.
Elected as new directors were James A. Cerrone, Vice President, Fort Sill National Bank, Fort Sill, Oklahoma; Raleigh A. (Andy)
Trovillion, Senior Vice President, UMB Bank of St. Louis, Missouri; Greg A. Oveland, President of Eisenhower Bank, Fort Sam Houston,
Texas; Kent L. Parisien, President and CEO of First National Bank of Odon, Odon, Indiana; and Terry Tuggle, Chairman, President and
CEO of Fort Hood National Bank, Fort Hood, Texas.
In making the announcement, Mr. Egeland stated, “The Association of Military Banks of America is pleased to have this new slate of
officers and directors to lead the association. They are experienced leaders and are dedicated to serving our Nation's Armed Forces
and their families. As AMBA begins its 50th year of service, I am confident the new leadership team, through its vision and focus,
will enable AMBA to play an even larger role in ensuring that military members have the financial service they need worldwide."
The Association of Military Banks of America (AMBA) is a not for profit association of banks operating on military installations,
banks not located on military installations but serving military customers, and military banking facilities designed by the United
States Treasury. Founded in 1959, the association’s membership includes both community banks and large multinational financial
institutions, all of which are insured by the Federal Deposit Insurance Corporation. AMBA has been instrumental in helping its
members serve the financial needs of the Nation’s military personnel. In September 2009, AMBA will celebrate its Fiftieth
Anniversary at its Annual Fall Workshop for military bankers and Department of Defense personnel in Palm Beach, Florida. To learn
more about AMBA, please visit www.ambahq.org.
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9/2/05 - Responding to Hurricane Katrina: FDIC
Encourages Banks to Work with Those Hit Hard
FOR IMMEDIATE RELEASE
PR-84-2005 (8-31-2005)
Media Contact:
David Barr (202-898-6992)
As people in the path of Hurricane Katrina attempt to put their lives
back together in the aftermath of the storm, the Federal Deposit Insurance
Corporation has asked banks it regulates to do what they can to assist
in the process.
"There are many things consumers and business owners can do now
and in the coming weeks to help put their financial houses back in order
in the wake of the Hurricane Katrina," said FDIC Chairman Donald
Powell. "The FDIC is doing what we can to try to keep this natural
disaster from turning into a financial disaster for all the people harmed
by Katrina."
The FDIC is working with other bank regulators to take steps to assure
continuity of banking services. The FDIC will continue to work with
federal and state counterparts, the banking industry and affected banks,
identifying customer needs and monitoring institutions' restoration
of services.
To date, the FDIC has issued a letter to bankers encouraging them to
work with borrowers in the areas hit hard by the storm. In turn, consumers
and business owners experiencing difficulties beyond their control should
feel free to actively reach out and work with their financial institutions.
For example, customers can ask their banks to:
- Extend repayment terms
- Ease terms for new loans including the ability to skip some payments
- Restructure loans
- Obtain short-term loans for living expenses until insurance proceeds
are received
- Waive overdraft fees if the bank was not able to process deposits
in a timely manner due to the storm
- Waive fees for using other ATMs if a bank owned system is not available
Each situation is unique; not all banks will be able to provide the
options above and some may provide additional services for their customers.
The key is for customers to open a dialogue to find out how their bank
can help them recover from this natural disaster.
Consumers can also:
- Keep copies of financial transactions. Make sure to retain receipts
of transactions conducted with financial institutions.
- Remember all available payment options (checks, credit cards, debit
cards, ATMs and teller) in the event one does not work as planned.
When making withdrawals, make reasonable decisions based on solid
information to minimize the risk of being robbed.
- Be on guard against scams. Protect personal information, including
bank account, credit card and Social Security numbers.
Consumers with questions on deposit insurance or other banking related
issues can call the FDIC's toll free Consumer Hotline at 1-877-ASK-FDIC
(1-877-275-3342).
The FDIC letter to bankers can be found at: http://www.fdic.gov/news/news/financial/2005/fil8505.html.
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9/1/05 - AFFN
Recognized by the Department of Defense
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